Ownership of Tax Attributes Sample Clauses

Ownership of Tax Attributes. Provider (and/or Financing Party) shall be the owner of any Tax Attributes that may arise as a result of the ownership and operation of the Project and shall be entitled to transfer such Tax Attributes to any person. Host shall provide reasonable assistance to Provider in preparing all documents necessary for Provider to receive such Tax Attributes, and if Host is deemed to be the owner of any such Tax Attributes, Host shall assign the same (or the proceeds thereof) to Provider. If Host receives any payments in respect of such Tax Attributes, it shall promptly pay them over to Provider.
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Ownership of Tax Attributes. The PPA does not provide for Company to receive any tax credits or similar tax incentives that may arise as a result of the operation of the Renewable Resource (“Tax Attributes”). However, in the event Company receives any Tax Attributes under the PPA, Company shall be the owner of such Tax Attributes and shall be entitled to transfer such Tax Attributes, if any, to any person.
Ownership of Tax Attributes. The PPA does not provide for Company to receive any tax credits or similar tax incentives that may arise as a result of the operation of the Renewable Resource (“Tax Attributes”). However, in the event Company receives any Tax Attributes under the PPA, Company shall be the owner of such Tax Attributes and shall be entitled to transfer such Tax Attributes, if any, to any person. the supplier of eKleEcNtrTicUCseKrvYice to theilitiesPuUnBdLeIrCthSiEs RAVgIrCeEemCeOnMt MISSION Xxxxx X. Bridwelles, and chargeEs,xeincuctliuvediDnirgecstaolres, use, y f ent isin EFFECTIVE 2/13/2021 PURSUANT TO 807 KAR 5:011 SECTION 9 (1)
Ownership of Tax Attributes. [PROVIDER COMPANY] (and/or Financing Party) shall be the owner of any Tax Attributes that may arise as a result of the operation of the Project and shall be entitled to transfer such Tax Attributes to any person. [COMPANY 1] shall provide reasonable assistance to [PROVIDER COMPANY] in preparing all documents necessary for [PROVIDER COMPANY] to receive such Tax Attributes, and if [COMPANY 1] is deemed to be the owner of any such Tax Attributes, [COMPANY 1] shall assign the same (or the proceeds thereof) to [PROVIDER COMPANY]. If [COMPANY 1] receives any payments in respect of such Tax Attributes, it shall promptly pay them over to [PROVIDER COMPANY].
Ownership of Tax Attributes. Provider (and/or Financing Party "Financing Party" means a Project Lessor or Lender.) shall be the owner of any Tax Attributes that may arise as a result of the operation of the Project and shall be entitled to transfer such Tax Attributes to any person. Host shall provide reasonable assistance to Provider in preparing all documents necessary for Provider to receive such Tax Attributes , and if Host is deemed to be the owner of any such Tax Attributes , Host shall assign the same (or the proceeds thereof) to Provider . If Host receives any payments in respect of such Tax Attributes , it shall promptly pay them over to Provider "Provider" means Tioga Solar [___], LLC, a [_____] limited liability company, and all successors and assigns.. [(7e) Tioga, not the customer, receives all tax benefits available with respect to the installation and operation of the Project . Under certain financing structures the Financing Party will receive the tax benefits. Utilizing these tax benefits enables Tioga to offer attractive solar electricity rates to its customers.]
Ownership of Tax Attributes. The Contractor shall be the owner of any and all Tax Attributes that may arise as a result of the operation of the Project and shall be entitled to transfer any and all such Tax Attributes to any Person. The Host shall provide reasonable assistance to the Contractor in preparing all documents necessary for the Contractor to receive all such Tax Attributes, and if the Host is deemed to be the owner of any such Tax Attributes, the Host shall assign the same (or pay the value thereof) to the Contractor. If the Host receives any payments in respect of any such Tax Attributes, it shall promptly pay them over to the Contractor.
Ownership of Tax Attributes. Seller (and/or Financing Party) shall be the sole owner of any Tax Attributes that may arise as a result of the existence and/or operation of the Project and shall be entitled to transfer such Tax Attributes to any Person. Buyer shall provide reasonable assistance to Seller in preparing all documents necessary for Seller to receive such Tax Attributes, and if Buyer is deemed to be the owner of any such Tax Attributes, Buyer shall assign the same (or the proceeds thereof)
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Ownership of Tax Attributes. As between the Parties, Seller will retain the exclusive right to all Tax Attributes, as applicable. Buyer shall provide reasonable assistance to Seller in preparing documents necessary for Seller to receive such Tax Attributes, and if Buyer is deemed to be the owner of any such Tax Attributes, Buyer shall assign the same (or the proceeds thereof) to Seller. If Buyer receives any payments in respect of such Tax Attributes, it shall promptly pay them over to Seller. Buyer and Seller each agree that for income tax purposes, it will report this Agreement as a service contract within the meaning of Internal Revenue Code sections 7701(e)(3) and 7701(e)(4). Notwithstanding the preceding sentence, Seller bears all risks, financial and otherwise, associated with Seller’s or the Project’s eligibility to investment tax credits, other Tax Attributes, or to qualify for accelerated depreciation for Seller’s accounting, reporting or tax purposes, other than as the same would have been available but were lost as the result of a breach by the Buyer of its representations, warranties, covenants or obligations under this Agreement. The obligations of the Parties hereunder, including those obligations set forth herein regarding the purchase and price for and Seller’s obligation to deliver Products, will be effective regardless of whether the sale of Products from the Project is eligible for, or receives, investment tax credits or other Tax Attributes.
Ownership of Tax Attributes. Throughout the Term, BASC shall be the owner of any Tax Attributes that may arise as a result of the operation of the Site Equipment and shall be entitled to transfer such Tax Attributes to any person. Customer shall provide reasonable assistance to BASC in preparing all documents necessary for BASC to receive such Tax Attributes, and if Customer is deemed to be the owner of any such Tax Attributes, Customer shall assign the same (or the proceeds thereof) to BASC. If Customer receives any payments in respect of such Tax Attributes, it shall promptly pay them over to BASC.

Related to Ownership of Tax Attributes

  • Ownership of Data All Data transmitted to the Operator pursuant to the Service Agreement is and will continue to be the property of and under the control of the LEA. The Operator further acknowledges and agrees that all copies of such Data transmitted to the Operator, including any modifications or additions or any portion thereof from any source, are subject to the provisions of this DPA in the same manner as the original Data. The Parties agree that as between them, all rights, including all intellectual property rights in and to Data contemplated per the Service Agreement shall remain the exclusive property of the LEA.

  • Ownership of Records All records required to be maintained and preserved by the Corporation or Fund pursuant to the provisions of rules or regulations of the Securities and Exchange Commission under Section 31(a) of the Act and maintained and preserved by the Manager on behalf of the Corporation or Fund, as appropriate, are the property of the Corporation or Fund, as appropriate, and will be surrendered by the Manager promptly on request by the Corporation or Fund, as appropriate.

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